A Multidimensional Framework for Financial-Economic Decisions

Abstract:     
Financial-economic decisions are normally aimed at making decisions consciously, with a clear and permanent drive to good, better or even optimal decisions. Unfortunately, many decisions in practice are at least partially flawed, despite the availability of financial economic theory, decision sciences and ample resources. We propose to build a multidimensional framework to support financial economic decision processes. The goal is to get a better integration of available theory and decision technologies. We describe (a) what the framework should look like, (b) what components of the framework already exist and which not, and (c) how the MCDA community can contribute to its development.

Note: This is a description of the paper and not the actual abstract.

Keywords: Financial Decisions, Multicriteria Decision Analysis, Corporate Finance, Investment Decisions, Risk Management

JEL Classification: M, M41, G3, G30, C44

Accepted Paper Series